The following GAIN reports were released on Monday, May 22, 2021. _______ On April 29, 2021, the European Commission published a report titled, "Study on the status of new genomic techniques under Union law and in light of the Court of Justice ruling in Case C-528/16." The Court of Justice ruling stated that products of genome editing fall under Directive 2001/18/EC. However, the Commission's recent study concludes that this Directive is not "fit for purpose" for these newer products and a targeted policy action is needed. The study says that genome editing can contribute to the objectives of the European Green Deal's Farm to Fork and Biodiversity Strategies, and the Commission will engage in a wide-ranging communication effort with co-legislators and stakeholders in the European Union. In the third quarter of 2021, the Commission intends to publish an inception impact assessment on plants derived from certain applications of genome editing. India's online grocery market grew by 80 percent to $2.66 billion in 2020 primarily due to COVID-19 and the resulting lockdown. The sector is expected to grow exponentially over the next few years thanks to expanding internet connectivity and rising consumer demand for convenience, value, safety/hygiene, ease of payment, and product variety. Opportunities for U.S. exporters exist in consumer-oriented products, especially tree nuts, fruits, and packaged/processed foods. The U.S.-Japan Trade Agreement (USJTA) has been in effect for 16 months, however the timing of Japan's fiscal year meant that the agreement entered "Year 3" of implementation on April 1, 2021. This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement. Additional information is available at www.usdajapan.org/usjta/. The U.S.-Japan Trade Agreement (USJTA) has been in effect for 16 months, however the timing of Japan's fiscal year meant that the agreement entered "Year 3" of implementation on April 1, 2021. This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement. Additional information is available at www.usdajapan.org/usjta/. Macau registered food retail sales over $644 million and restaurant receipts of $1.53 billion. The fastest growing food imports included distilled spirits, spices, pet food, meats, fresh fruit, food preparations, poultry meat, coffee, tea, and confectionery products. COVID-19 has adversely affected Macau's economic growth and food demand. Throughout 2020, the Macau government launched stimulus measures to help Macau residents and businesses cope with the economic adversity. This stimulus has helped outlets remain open as Macau's economy is picking up in 2021 and the global coronavirus situation improves. For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/. |
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